LuxairGroup experiences 'daunting regressions' in 2009

LuxairGroup posted net income of €1.3 million ($1.6 million) in 2009, down from an €8.5 million profit in 2008, on an 8.1% drop in revenue to €382.7 million. "All LuxairGroup activities experienced daunting regressions in business and revenue" in 2009, President and CEO Adrien Ney said. "We [have]...

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